In the Crypto Assets market, a remarkable phenomenon is quietly emerging. Once popular for its humorous nature, DOGE has once again become the focus of investors' attention. This shift stems from the appearance of a technical indicator known as the "cup and handle pattern" on its price chart, triggering market expectations of a potential significant pump.



Looking back at the development of DOGE, it has gradually evolved from a virtual currency that was seen as a joke into a Crypto Asset with strong community support. Even during market downturns, the enthusiasm of its loyal supporters - the "DOGE Army" - has never waned. With the improvement of the overall market environment, the price trend of DOGE has begun to show positive changes.

Technical analysts are particularly focused on the "cup and handle pattern" formed on the monthly chart of DOGE. This pattern is often seen as a potential precursor to a strong rise. Specifically, the "cup and handle pattern" includes a U-shaped "cup bottom", followed by a slow rise in price to the "cup top", and then a brief pullback period, forming the "handle". When the price breaks through the upper edge of the "handle", it often signals the beginning of a new round of pump.

Since reaching an all-time high of approximately $0.7376 in May 2021, DOGE has undergone a prolonged decline and bottoming process. Now, its price trend is gradually forming this closely followed technical pattern. However, investors need to keep in mind that the Crypto Assets market is highly volatile, and any investment decision should be based on comprehensive analysis and risk assessment.

Although technical indicators have brought new expectations to the market, the future trend of DOGE still has many uncertainties. Factors affecting its price include not only technical aspects but also market sentiment, regulatory environment, and overall economic conditions. Therefore, whether experienced investors or market newcomers, they should maintain a rational and cautious attitude, avoiding blindly following market rumors or overly optimistic predictions.

Overall, the recent market performance of DOGE has once again proven the dynamics and unpredictability of the Crypto Assets field. It not only reflects the application of technical analysis in digital asset trading but also highlights the important role of community power in promoting the development of Crypto Assets. As the market continues to evolve, investors and analysts will continue to closely follow DOGE and the trends of the entire Crypto Assets market to seize potential investment opportunities.
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CommunityLurkervip
· 10h ago
Another wave of catch a falling knife moment.
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quiet_lurkervip
· 15h ago
DOGE is still not safe
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zkProofInThePuddingvip
· 09-03 03:39
The cup handle is bullish and has already been sent.
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All-InQueenvip
· 09-01 10:51
Sew to the last coin
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ProposalManiacvip
· 09-01 10:49
Beware of the new trap for suckers.
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shadowy_supercodervip
· 09-01 10:47
Have you seen the cup and handle pattern again?
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ForkTonguevip
· 09-01 10:43
DOGE long positions return
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MrDecodervip
· 09-01 10:42
Don't just analyze when you're bullish.
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SerumDegenvip
· 09-01 10:26
The cup handle rebound is really stable.
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